Iran charges Brussels for serving US interests in the Middle East. The accusations are the net effect of Europe's failure to protect the nuclear deal, amid Trump's auto tariff threat. US credibility in the region has plunged. Brussels should avoid following in the footprints. During remarks at a G
According to the new IMF (International Monetary Fund) outlook, global growth is forecast at 3.0 per cent for 2019. That's the lowest since the global crisis of 2008-9. It is largely due to the US tariff wars, which have contributed to the projected slowdown in the US and China. The IMF projects g
In mid-July, Philippines health authorities declared a "national dengue alert." In early August, the Department of Health declared a National Dengue Epidemic. By now, the number of cases has soared to 170,000, with 720 deaths; that's 100 per cent higher relative to 2018, despite a delayed rainy sea
For three years, the nuclear accord (JCPOA) offered Iran relief from the multilateral sanctions on energy, financial, shipping, automotive and other sectors. The shift in the US policy began in late 2016, when the Congress extended the Iran Sanctions Act for a decade. That emboldened Trump
Recently, President Duterte slammed Canada for sending waste to the Philippines. Yet, the challenge is huge. Exported pollution from advanced economies penalises the rest of the world and distorts climate gains. President Duterte's statement ensued after environmental groups' renewed call for Cana
Initially, London's goal was to wheel and deal the best possible deal with Brussels. That became more difficult after mid-January when the House of Commons rejected Prime Minister Theresa May's EU withdrawal agreement. The rejection compounded the odds for a risky and disorderly no-deal Brexit scen
Amid the Christmas meltdown, the Dow Jones plunged to less than 22,000, the lowest since September 2017. Thereafter, it soared over 1,000 points; the biggest single-day point gain ever. Nevertheless, it has declined 4,000 points in two months. It is this historical market volatility associated w
As representatives from more than 100 countries debated climate change in the COP24 - the 24th UN climate change conference - held in Katowice, Poland, the outcome could only be divisive. In the past, collective consensus by major economic powers - US, the European Union (EU), Japan and China - f
